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<p>[QUOTE="SilverSurfer, post: 960546, member: 21603"]My own opinion (and it is just that, an opinion) is that the markets at this time are extremely choppy. While the market is buoyed by stimulus funds that haven't made their way around the entire economy yet, the economy on a whole appears to be headed more toward deflation. So, it is likely that prices could drop. If we do hit a deflationary period, I think it will be sparked by a double dip. Not as bad as the one in 2008, but we could see everything being sold off again, including silver and gold.</p><p><br /></p><p>People still rush to the dollar bill for security instead of PMs. So a market collapse will result in PMs collapsing as well. But, there is no guarantee that the double dip will happen. We could have stagnant growth for a year or more with the markets not going up or down very far. For this reason, I've purchased half of what I wanted in silver this past week, when spot was $17.40 which at this time isn't a bad price. If the price drops further, great, I can now buy the other half cheaper. If the price goes up, smart of me to purchase half of what I wanted at this lower price.[/QUOTE]</p><p><br /></p>
[QUOTE="SilverSurfer, post: 960546, member: 21603"]My own opinion (and it is just that, an opinion) is that the markets at this time are extremely choppy. While the market is buoyed by stimulus funds that haven't made their way around the entire economy yet, the economy on a whole appears to be headed more toward deflation. So, it is likely that prices could drop. If we do hit a deflationary period, I think it will be sparked by a double dip. Not as bad as the one in 2008, but we could see everything being sold off again, including silver and gold. People still rush to the dollar bill for security instead of PMs. So a market collapse will result in PMs collapsing as well. But, there is no guarantee that the double dip will happen. We could have stagnant growth for a year or more with the markets not going up or down very far. For this reason, I've purchased half of what I wanted in silver this past week, when spot was $17.40 which at this time isn't a bad price. If the price drops further, great, I can now buy the other half cheaper. If the price goes up, smart of me to purchase half of what I wanted at this lower price.[/QUOTE]
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